Indonesia President Approves New Contract Terms With Freeport -Minister

TODAY: July 25, 2014 PUB DATE: July 25, 2014

By Linda Silaen and Deden Sudrajat JAKARTA, Indonesia--Indonesia approved new mining-contract terms for PT Freeport Indonesia Friday, according to government officials. The new contract was agreed to by President Susilo Bambang Yudhoyono. It is expected to be signed Friday by ...

Asian Shares Mixed, Toyko Helped by Soft Yen

TODAY: July 25, 2014 PUB DATE: July 25, 2014

Asian stocks were mixed early on Friday, with a weaker yen helping Japan lead the region higher at the end of a positive week. Japan's Nikkei Stock Average rose 0.5% as the yen softened against the dollar--a positive for the ...

German GfK August Consumer Sentiment at 9.0 vs 8.9 in July

TODAY: July 25, 2014 PUB DATE: July 25, 2014

By Todd Buell German consumer sentiment rose to its highest level in nearly eight years, survey data from the Nuremberg-based GfK institute showed Friday, although it warned that the downing of Malaysia Airlines Flight 17 could still cloud the consumer ...

Japan's Inflation Rate Slows in June

TODAY: July 25, 2014 PUB DATE: July 25, 2014

TOKYO--Japan's annual inflation rate slowed for a second straight month in June, the government said Friday, likely fueling debate over whether the nation's central bank is too optimistic in predicting it will hit its ambitious price target. Inflation eased in ...

Agricultural Bank of China to Tweak Mortgage Policy

TODAY: July 25, 2014 PUB DATE: July 25, 2014

BEIJING-- Agricultural Bank of China, one of China's big four state-owned banks, plans to tweak its mortgage policies for first-time home buyers in Shanghai, a move seen as part of the targeted easing approach that Beijing is taking to calibrate ...

New Zealand ANZ July Business Confidence +39.7%; June +42.8%

TODAY: July 25, 2014 PUB DATE: July 25, 2014

By Rebecca Howard WELLINGTON, New Zealand--New Zealand business confidence continued to wane in July, ANZ Bank's business outlook survey showed Friday. A net 39.7% of respondents in the monthly survey expected business conditions to improve over the next 12 months ...

CURRENCIES: Dollar Flat Against Yen Amid Lack Of Fresh Cues

TODAY: July 25, 2014 PUB DATE: July 24, 2014

By Hiroyuki Kachi The dollar was almost flat against the yen on Thursday, with investors reluctant to take strong positions given a lack of fresh cues. The U.S. dollar (USDJPY) inched down to Yen101.45 from Yen101.48 late Wednesday in New ...

Reserve Bank of New Zealand Raises Cash Rate to 3.5%

TODAY: July 25, 2014 PUB DATE: July 24, 2014

By Lucy Craymer WELLINGTON, New Zealand--New Zealand on Thursday raised interest rates for the fourth time this year but signaled it wouldn't introduce further increases until the impact of the latest hike has been assessed. The economy appears to be ...

Brazil Sells $3.5 Billion 30-Year Bonds -- Update

TODAY: July 25, 2014 PUB DATE: July 24, 2014

By Rogerio Jelmayer SÃO PAULO--Brazil's government on Wednesday tapped the global debt market, issuing $3.5 billion in new bonds maturing in January 2045, and announced the buyback of shorter-dated global bonds to whittle down the country's debt-service costs. The new ...

Moody's Cools Australia Housing Fears

TODAY: July 25, 2014 PUB DATE: July 24, 2014

SYDNEY--Despite sharp gains in Australian house prices over the past year fanned by record-low interest rates, Moody's Analytics said that prices are overvalued only in some states, not across the country as a whole. In a report Thursday, the firm ...

Increase in the number of employees

TODAY: July 25, 2014 PUB DATE: July 24, 2014

Press release from Statistics Sweden 2014-07-24 9:30 AM Nr 2014:431 Labour Force Survey (LFS), June 2014: Increase in the number of employees In June 2014, 4 870 000 persons aged 15-74 were employed, not seasonally adjusted. This is an increase ...

HSBC China Flash Manufacturing PMI Rises in July

TODAY: July 25, 2014 PUB DATE: July 24, 2014

BEIJING--A preliminary gauge of Chinese manufacturing activity rose to an 18-month high in July, suggesting Beijing's efforts to stimulate growth are paying off. The preliminary HSBC China Manufacturing Purchasing Managers" Index, a gauge of nationwide manufacturing activity, rose to 52.0, ...

Spanish Unemployment Falls on Strong Job Creation

TODAY: July 25, 2014 PUB DATE: July 24, 2014

MADRID--The number of jobless people in Spain dropped by just over 300,000 in the second quarter from the first, as a period of strong jobs creation led to a significant decrease in the country's sky-high unemployment rate. The rate, one ...

Euro-Zone Recovery Regains Momentum -- 3rd Update

TODAY: July 25, 2014 PUB DATE: July 24, 2014

By Paul Hannon The euro zone's economic recovery appears to have regained some lost momentum in July, as surveys of purchasing managers pointed to an increase in private-sector activity driven by Germany and the services sector. However, the surveys also ...

MARKET SNAPSHOT: U.S. Stocks: Futures Up; Jobless Claims Tumble

TODAY: July 25, 2014 PUB DATE: July 24, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- U.S. stock futures were higher on Thursday as well-received earnings lifted shares of Facebook Inc. and Ford Motor Co. on a busy day for corporate results. Weekly jobless claims ...

Brazil Central Bank Signals No Rate Cuts -- Update

TODAY: July 25, 2014 PUB DATE: July 24, 2014

By Jeffrey T. Lewis and Rogerio Jelmayer SÃO PAULO--Brazil's central bank sent markets a strong signal that it isn't planning to lower interest rates this year in light of continued inflationary pressure, after recent market speculation the bank might be ...

U.S. Markit Flash PMI Falls to 56.3 in July

TODAY: July 25, 2014 PUB DATE: July 24, 2014

By Cynthia Lin U.S. factory expansion decelerated this month, weighed down by the weakest pace of job creation since September 2013, according to an early reading of July activity released Thursday. The flash purchasing managers' index compiled by data provider ...

Italy's July Consumer Confidence Slips for Second Month

TODAY: July 25, 2014 PUB DATE: July 24, 2014

By Liam Moloney ROME--Italian consumer confidence fell slightly in July, for the second month in a row, as all sectors slipped, statistics institute Istat said Thursday, indicating that the slow recovery in the euro zone's third-largest economy still isn't reaching ...